Experimental and behavioral economics at the Department of Economics, University of Heidelberg.

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21 to 30 of 88 Results
May 19, 2023
Lambrecht, Marco; Oechssler, Jörg, 2023, "Do women shy away from risky skill games? [Replication package]", https://doi.org/10.11588/data/WVBHDQ, heiDATA, V1
A risky skill game is a game in which skill plays an important role but outcomes are also strongly influenced by random factors. Examples are poker or blackjack but also many economic activities like trading on financial markets. In an online experiment we let subjects choose how o...
Nov 22, 2022
Becker, Christoph K.; Trautmann, Stefan T., 2022, "Does Happiness Increase in Old Age? Longitudinal Evidence from 20 European Countries [Dataset]", https://doi.org/10.11588/data/CVMANS, heiDATA, V1
Several studies indicate that happiness follows a U-shape over the life cycle: Happiness decreases after the teenage years until reaching its nadir in middle age. A similar number of studies views the U-shape critically, stating that it is the result of the wrong controls or the...
Jul 31, 2014
Huck, Steffen; Normann, Hans-Theo; Oechssler, Jörg, 2014, "Does Information about Competitors' Actions Increase or Decrease Competition in Experimental Oligopoly Markets? [Dataset]", https://doi.org/10.11588/data/10020, heiDATA, V1
This paper investigates the impact the publication of firm-specific data has on the competitiveness of experimental oligopoly markets. We compare two treatments: in one, firms are informed about their rivals’ actions and profits. In the other, firms are only given aggregate infor...
Feb 21, 2020
Klonner, Stefan, 2020, "Equality of the Sexes and Gender Differences in Competition: Evidence from Three Traditional Societies [Supplementary Materials]", https://doi.org/10.11588/data/AKFW5U, heiDATA, V1
Can gender-balanced social norms mitigate the gender differences in competitiveness that are observed in traditional patriarchic as well as in modern societies? We experimentally assess men's and women's preferences to compete in a traditional society where women and men have sim...
Jul 30, 2021
Becker, Christoph K.; Ert, Eyal; Trautmann, Stefan T.; van de Kuilen, Gijs, 2021, "Experiencing Risk: Higher-Order Risk Attitudes in Description- and Experience-Based Decisions [Dataset]", https://doi.org/10.11588/data/CMCIXT, heiDATA, V1
Risky decisions are often characterized by (a) imprecision about consequences and their likelihoods that can be reduced by information collection, and by (b) unavoidable background risk. This article addresses both aspects by eliciting risk attitude, prudence, and temperance in d...
May 30, 2016
Oechssler, Jörg; Roomets, Alex; Roth, Stefan, 2016, "From imitation to collusion: a replication [Dataset]", https://doi.org/10.11588/data/10075, heiDATA, V2, UNF:5:qSzzvlOu2rl8/AR8TIBEEQ== [fileUNF]
In oligopoly, imitating the most successful competitor yields very competitive outcomes. This theoretical prediction has been confirmed experimentally by a number of studies. A recent paper by Friedman et al. (J Econ Theory 155:185–205, 2015) qualifies those results in an interes...
Nov 9, 2020
König-Kersting, Christian; Pollmann, Monique; Potters, Jan; Trautmann, Stefan T., 2020, "Good decision vs. good results: Outcome bias in the evaluation of financial agents [Dataset]", https://doi.org/10.11588/data/HQW24W, heiDATA, V1, UNF:6:bFbob63euOZqXO04dtgSBQ== [fileUNF]
We document outcome bias in situations where an agent makes risky financial decisions for a principal. In three experiments, we show that the principal’s eval- uations and financial rewards for the agent are strongly affected by the random outcome of the risky investment. This ha...
Mar 16, 2016
Diederich, Johannes; Goeschl, Timo; Waichman, Israel, 2016, "Group Size and the (In)Efficiency of Pure Public Good Provision [Dataset]", https://doi.org/10.11588/data/10069, heiDATA, V1, UNF:5:kp1aULj0nca125TUHszBUg== [fileUNF]
Are larger groups better at cooperation than smaller groups? This paper investigates, under controlled conditions, the presence and direction of a possible group size effect in pure public good provision by large heterogeneous groups. Employing subjects drawn from the general pop...
Apr 14, 2021 - NATCOOP
Diekert, Florian; Brekke, Kjell Arne, 2021, "Groups discipline resource use under scarcity [Dataset, Instructions, and Replication files]", https://doi.org/10.11588/data/QWSS8L, heiDATA, V1, UNF:6:9a9hVZTgyoX/0ebMHJHayA== [fileUNF]
Resource scarcity sharpens the conflict between short term gains and long term sustainability. Psychological research documents that decision makers focus on immediate needs under scarcity. While decision makers use available resources most effectively, they also borrow too much...
Sep 2, 2019
Oechssler, Jörg; Rau, Hannes; Roomets, Alex, 2019, "Hedging, ambiguity, and the reversal of order axiom [Dataset]", https://doi.org/10.11588/data/1XDKHZ, heiDATA, V1, UNF:6:c8rHrHnmCxS3BC4O6euGVQ== [fileUNF]
We ran experiments that gave subjects a straight-forward and simple opportunity to hedge away ambiguity in an Ellsberg-style experiment. Subjects had to make bets on the combined outcomes of a fair coin and a draw from an ambiguous urn. By modifying the timing of the draw, coin f...
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